NOT LISTED FOR SALE

31 W Main St Unit 8 Niantic, CT 06357

Estimated Value: $275,000 - $355,000

2 Beds
1.5 Baths
1,814 Sq Ft
$375/mo HOA Fee

Last Sold May 08, 2023

Last sale price $260,000 $143 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,317/month

4 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Balcony
  • East Lyme Middle School Rated A-
  • End Unit
  • Patio

About This Home

As of May 2023

Sweet dreams come easily in this end unit townhouse in the heart of Niantic. Walking distance to downtown Niantic! Tranquil views of the brook to start or end your day. Each level is full of natural lighting and has sliders to a deck or patio. Generous room sizes throughout. Each bedroom offers a walk-in closet. Plenty of open parking. Spend more time enjoying life and leave the yard work to someone else!

Last Listed By

Cathy Gonyo

RE/MAX Legends License #RES.0766468 Listed on: 03/30/2023

RE/MAX Legends

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1974

Lot Details

  • Home fronts a stream
  • End Unit

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 1 Fireplace
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Parking Deck
  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Flood Zone Lot
  • Property is near shops

Schools

  • Niantic Center Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, water, sewer, property management, insurance, flood insurance
  • 11 Units
  • 31 W Main Community
  • Property managed by Capital Properties

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,675

Year Built

Built in 1974

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1314
  • Public Record Living Room Sq Ft: 1314
  • Sq Ft Est Heated Below Grade: 500
  • Total Sq Ft: 1814
  • Year Built: 1974
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 2214
  • Directions: Follow Main St towards Niantic Center School House is on West Main just past the school and before The Book Barn
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Fully Finished
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 31

Exterior Features

  • Exterior Features: Balcony, Deck, Patio
  • Exterior Siding: Brick
  • Waterfront Description: Brook
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Off Street Parking, Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Water, Sewer, Property Management, Insurance, Flood Insurance
  • Complex Name: 31 W Main
  • Levels In Unit: 3
  • HOA Fees: 375
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: mlisee@mycapitalteam.com
  • Property Manager Name: Matt Lisee
  • Property Mgt Company Name: Capital Properties
  • Property Mgt Phone: 860.319.0055

Schools

  • Elementary School: Niantic Center
  • Middle School: East Lyme
  • High School: East Lyme

Lot Info

  • Lot Description: Level Lot, Rolling
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: CA

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2675
  • Total Assessed Value: 112210
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 1466945

Multi Family

  • Total Num Of Units: 11

MLS Schools

  • Elementary School: Niantic Center
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 4, 2023
Sold by
Martineau Tracey
Bought by
Weldon Susan
Seller's Agent
Cathy Gonyo
RE/MAX Legends
Buyer's Agent
Maggie Bartels
Coldwell Banker Realty
List Price
$260,000
Sold Price
$260,000
Total Days on Market
4
Views
44
Current Estimated Value
$304,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,305
Avg. Annual Appreciation
8.23%

Purchase Details

Listed on
Sep 4, 2019
Closed on
Jan 23, 2020
Sold by
Decosta Lori
Bought by
Martineau Tracey
Seller's Agent
Zoe Zrakas
William Raveis Real Estate
Buyer's Agent
Zoe Zrakas
William Raveis Real Estate
List Price
$166,000
Sold Price
$160,000
Premium/Discount to List
-$6,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$157,102
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2010
Sold by
Walsh Eugene
Bought by
Decosta Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2006
Sold by
Mcauliff Charles
Bought by
Walsh Eugene and Walsh Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weldon Susan $260,000 None Available
Martineau Tracey $160,000 None Available
Decosta Lori $169,500 --
Walsh Eugene $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martineau Tracey $157,102
Previous Owner Walsh Eugene $84,000
Previous Owner Walsh Eugene $101,000
Previous Owner Walsh Eugene $102,000
Previous Owner Walsh Eugene $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $260,000 0.0% $143 / Sq Ft
03/30/2023 03/30/23 For Sale $260,000 +62.5% $143 / Sq Ft
01/23/2020 01/23/20 Sold $160,000 -3.0% $93 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $164,900 -0.7% $96 / Sq Ft
09/04/2019 09/04/19 For Sale $166,000 -- $97 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,957 $112,210 $0 $112,210
2023 $2,792 $112,210 $0 $112,210
2022 $2,675 $112,210 $0 $112,210
2021 $2,938 $103,040 $0 $103,040
2020 $2,922 $103,040 $0 $103,040
2019 $2,905 $103,040 $0 $103,040
2018 $2,818 $103,040 $0 $103,040
2017 $2,696 $103,040 $0 $103,040
2016 $2,807 $110,670 $0 $110,670
2015 $2,735 $110,670 $0 $110,670
2014 $2,659 $110,670 $0 $110,670
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170559347

SmartMLS

APN: ELYM-001102-000031-C000000-000008